3-bedroom semi-detached house · EX9 6AS
Listing removedListed 353 days
Opportunity summary
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About
This unique property comprises of a semi-detached house built of mainly traditional construction, having cavity main walls with rendered facing elevations beneath a pitch tiled roof.
It occupies an extremely scenic position on the south side of Knowle Road which is a quiet road leading into Budleigh Salterton from the North West direction.
The 'Wainholm' was a prestigious detached property originally built in 1920's that was subsequently split into two, this property 'Wainholme East' is the larger part of the division.
The plot equates to approximately three quarters of an acre, but slightly slopes from front (North) to rear (South).
The accommodation is thoughtfully designed so all principal rooms boast pleasant views overlooking the gardens and the Knowle Valley.
The gardens are extensive and there is an additional area of woodland adjoining an attractive stream which is unique for a property of this type.
The property backs onto equestrian land owned by Clinton Devon Estates. Knowle Road is a sought after residential area of Budleigh Salterton.
The property is located less than a mile from East Devon Golf Club, town centre and sea front whilst the River Otter, and local games clubs are all in close proximity.
Communications are excellent with bus routes running along Exmouth Road nearby.
The property provides well-proportioned accommodation, yet has clear potential to extend and further improve if required. The property affords single story living on the ground floor, if required.
Gas fired central heating and double glazing is installed; however it is likely that any incoming purchaser would update the kitchen and bathroom suites, as well as general internal decoration.
The external fabric of the property looks to be in good order.
Ground Floor Accommodation: • Entrance Lobby • Reception Hall • Sitting Room / Lounge • Conservatory • Dining Room / Ground Floor Bedroom (4) • Kitchen • Shower Room • Separate W.C First Floor Accommodation: • Landing • 3 Further Bedrooms • Family Bathroom Outside: • Landscaped Gardens • Woodland • Ample Private Parking The property is approached by a private driveway which provides ample private parking and leads directly to the hose.
The gardens are a genuine feature with an excellent range of flowering shrubs and trees. The patio / sun terrace boasts fine views and a southerly orientation.
We understand the property to be freehold. All main services are connected and the council tax band is F
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Knowle Road, Budleigh Salterton, EX9
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